We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
HD AmeriTV, an Internet-based TV company based in Hong Kong and New York, has raised $45 million in round of funding, and says it plans to go public within six months.
The content is offered to viewers for free, and is advertising based. The company’s announcement is here.
The three-year-old company has been profitable since last year, and has annual revenue of almost $20 million.
The companies said five investors joined in the round, but only named two: First Mutual Credit, a European investment banking firm, led the round, it said. Another investor named was G Trade Securities, a venture capital firm.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn more about membership.